Sulb in the Kingdom of Bahrain announced that it achieved the highest annual sales of steel products from the medium and heavy sectors, as its sales exceeded more than one million tonnes in 2022.
Sulb was also able to register a new production record of 12.875 million tonnes, which is the highest in its history.
Sulb and Bahrain Steel are subsidiaries of Foulath Holding Company, which was established in 2008 in the Kingdom of Bahrain. It is a holding company primarily focused on investing in the demand growth of the steel industry in the GCC and MENA regions.
Thanks to investments exceeding 3.5 billion dollars, Foulath has established several companies in various fields of a chain in the iron industry through the integrated steel complex development, “the only one of its kind in the world”. This complex is located in Bahrain in the Hidd industrial area of over 1.3 million square meters.
Sulb has an integrated steel plant in Hidd, with direct reduction technology to the final product stage. In 2011, it added 850,000 tonnes of steel capacity. In 2012 a MIDREX Direct Reduction Plant was added to the Complex with 1.5 million tonnes per year.